Hosted by the Rotman School of Management at the University of Toronto, the competition brings teams of students and faculty from universities worldwide to participate in a three-day conference. RITC utilizes simulated trading cases that closely mimic different aspects of real world markets.

Baruch MFE teams placed 1st and 4th in 2012, and 3rd in 2011. Dan Stefanica, Director of the Master of Financial Engineering Program, said the wins speak volumes about the collective achievements in the MFE Program. “This is a success of our entire community,” he said.

Stefanica said the success of this year’s team is due in part to the preparation and guidance they received from MFE alumni and coaches including Baruch College graduates Eugene Krel, Yike Lu and Alexei Smirnov, who were members of the 2012 team that placed 1st in the RITC. To view the official results visit the Rotman International Trading Competition website.

Baruch College is a senior college in the City University of New York (CUNY) with a total enrollment of more than 17,000 students, who represent 160 countries and speak more than 100 languages. Ranked among the top 15% of U.S. colleges and the No. 5 public regional university, Baruch College is regularly recognized as among the most ethnically diverse colleges in the country. As a public institution with a tradition of academic excellence, Baruch College offers accessibility and opportunity for students from every corner of New York City and from around the world. For more about Baruch College, go to http://www.baruch.cuny.edu/.